Nonpartisan civic infrastructure
AllCiv·Legis1
·

H.R. 2793

BillFederalHouseIn Committee
Auto Dealers' Pension Fairness Act of 2009
About This Bill
Committee
Latest Action · July 23, 2009
Referred to the Subcommittee on Commercial and Administrative Law.
Congress
111th (2009–2011)
Introduced
June 10, 2009
Cosponsors (7)
0D 7R
View PDF ↗

Summary

Highlight any text to annotate
Auto Dealers' Pension Fairness Act of 2009 - Requires the Presidential Task Force on the Auto Industry to report to Congress on the closing of vehicle dealerships in connection with the commencement of bankruptcy proceedings for Chrysler Corporation and General Motors Corporation in 2009. Declares that during a specified period no withdrawal liability to a multiemployer pension benefit plan under the Employee Retirement Income Security Act of 1974 (ERISA), in connection with bankruptcy proceedings commenced in 2009, may be imposed on any contributing sponsor by reason of the closing of a Chrysler or General Motors vehicle dealership the sponsor owned or operated. Declares further that any payment of existing withdrawal liability imposed before such period as a result of a dealership closure shall not be payable.

Take Action

Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.